Updating a policy

An employer must update an existing workers' compensation policy with BWC if they are:

Changing a legal business name.

Changing a federal employer tax identification number.

Changing a Social Security number (SSN) on an existing policy.

Changing demographic information, such as mailing address, etc.

Transferring a business from one immediate family member to another.

Transferring a business from the same or similar ownership group (when an employer is essentially the same employer).

This update is not intended for situations in which the employer succeeds (in whole or in part) another employer in the operation of a business. Refer to Selling or buying a business for more information on that type of update.